Thai Airways International Public Company Limited (THAI) — Free Cash Flow Generation Index
Thai Airways International Public Company Limited (THAI) has a Free Cash Flow Generation Index of -3.46x as of September 2025. Free cash flow of ฿-1.15 Billion represents -3% of operating cash flow (฿332.90 Million). Read how much debt does Thai Airways International Public Compan carry for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Thai Airways International Public Company Limited Free Cash Flow Generation Index (2000–2024)
Historical FCF Generation Index trend for Thai Airways International Public Company Limited across 23 annual periods. Explore Thai Airways International Public Compan (THAI) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Thai Airways International Public Company Limited (2000–2024)
Year-by-year Free Cash Flow Generation Index for Thai Airways International Public Company Limited. For the full company profile including market capitalisation, see Thai Airways International Public Compan (THAI) market capitalisation.
| Year | FCG Index | Free Cash Flow (THB) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.92x | ฿50.68 Billion | ฿55.23 Billion | ฿4.56 Billion | ▲ +4.0% |
| 2023 | 0.88x | ฿38.73 Billion | ฿43.90 Billion | ฿5.17 Billion | ▼ -11.1% |
| 2022 | 0.99x | ฿28.87 Billion | ฿29.11 Billion | ฿234.61 Million | ▲ +18.3% |
| 2019 | 0.84x | ฿11.38 Billion | ฿13.57 Billion | ฿3.34 Billion | ▲ +7.8% |
| 2018 | 0.78x | ฿13.53 Billion | ฿17.40 Billion | ฿3.82 Billion | ▼ -8.2% |
| 2017 | 0.85x | ฿20.07 Billion | ฿23.69 Billion | ฿3.59 Billion | ▼ -31.2% |
| 2016 | 1.23x | ฿30.26 Billion | ฿24.56 Billion | ฿5.70 Billion | ▲ +2.2% |
| 2015 | 1.21x | ฿22.39 Billion | ฿18.57 Billion | ฿3.82 Billion | ▼ -48.2% |
| 2014 | 2.33x | ฿14.00 Billion | ฿6.02 Billion | ฿7.98 Billion | ▲ +9.8% |
| 2013 | 2.12x | ฿54.54 Billion | ฿25.73 Billion | ฿28.80 Billion | ▲ +33.3% |
| 2012 | 1.59x | ฿49.55 Billion | ฿31.16 Billion | ฿18.39 Billion | ▼ -32.2% |
| 2011 | 2.35x | ฿21.50 Billion | ฿9.17 Billion | ฿12.34 Billion | ▲ +75.2% |
| 2010 | 1.34x | ฿37.85 Billion | ฿28.27 Billion | ฿9.58 Billion | ▼ -15.0% |
| 2009 | 1.58x | ฿44.95 Billion | ฿28.52 Billion | ฿16.43 Billion | ▼ -45.3% |
| 2008 | 2.88x | ฿32.77 Billion | ฿11.37 Billion | ฿21.40 Billion | ▲ +59.5% |
| 2007 | 1.81x | ฿49.74 Billion | ฿27.52 Billion | ฿22.22 Billion | ▼ -4.2% |
| 2006 | 1.89x | ฿43.04 Billion | ฿22.81 Billion | ฿20.23 Billion | ▼ -43.8% |
| 2005 | 3.36x | ฿65.61 Billion | ฿19.54 Billion | ฿46.06 Billion | ▲ +80.9% |
| 2004 | 1.86x | ฿51.16 Billion | ฿27.57 Billion | ฿23.60 Billion | ▲ +55.1% |
| 2003 | 1.20x | ฿27.86 Billion | ฿23.28 Billion | ฿4.58 Billion | ▲ +1.1% |
| 2002 | 1.18x | ฿30.26 Billion | ฿25.56 Billion | ฿4.69 Billion | ▼ -16.3% |
| 2001 | 1.41x | ฿9.42 Billion | ฿6.66 Billion | ฿2.76 Billion | ▼ -7.2% |
| 2000 | 1.52x | ฿35.11 Billion | ฿23.04 Billion | ฿12.07 Billion | — |